Looking to buy a franchise? We can help you.
BDA’s proven module below will assist you in making the right choice when buying a franchise business. We can help you develop your business plan through to submitting your franchise application.
Module One: Introduction to Franchising, is Franchising for you?
Module Two: The cost of buying a Franchise and the availability of finance
Module Three: The Franchise Agreement and other franchise documents
Module Four: Getting started, finding the right franchise
Module Five: Franchise selection and development
Click here to make an appointment with us today!
We trust this process will provide guidance on some areas that need to be addressed in considering a franchise.
We strongly recommend that you obtain independent advice on the contents of the franchise agreement from a solicitor that is experienced in franchising and we will recommended them to you if need be.
If you can, deal with advisers you already know, but make sure they have sufficient expertise in the specialist area of franchising. They too, should provide you with a written disclosure of their experience and qualifications. Only deal with advisors who can demonstrate that they have extensive experience, to do otherwise is inviting trouble.
At the end of the day, it will always be your decision. Do not let that make you afraid to proceed, but let it awaken your awareness that risks are a part of business.
BDA offers a complete range of Franchise Consultancy and Recruitment services for Franchisors, Franchise Owners and the Franchise Sector in general.
Be aware that when buying a franchise you are about to face the same challenges that would experience when purchasing any other form of business. However being a ‘legal relationship’ it has added complications that must be researched and understood.
Any business acquisition, including a franchise, contains a commercial risk. You must be prepared to take that risk if you wish to benefit from the rewards of business ownership. The decision is yours and yours alone.
Buying a franchise system does appear to reduce the risks; however it is not a guarantee of success. Franchisees have been known to fail.
BDA formally counsels that you must investigate your choice of franchise using your own independent accounting and legal advisers.
Be sure that you retain the written material provided by your franchisor, including all sales brochures, disclosure documents and the agreements provided.
Never sign a franchise agreement without first seeking legal advice.
This statement is made in the interests of the purchasing public, the franchise industry and Business Development Alliance.
We look forward to working closely together with you on the journey!!!
Please don’t hesitate to contact me as per below at anytime.
Mark Fernandez – Director
Business Development Alliance
Level 2, Suite 6
47 Kishorn Road Applecross WA 6153
PO Box 1037 Canning Bridge WA 6153
Telephone (08) 9364 3811
Fax (08) 9364 3822
Email mark @bda-online.com.au